Burger King Is Coming Back To The Stock Market

The hamburger chain, which is revamping its menu in an attempt to
revive its struggling business, says it will list its stock on
the New York Stock Exchange. The company says its international
growth plans will benefit from better visibility as a public
company.

Burger King was taken private in 2010 by investment firm 3G
Capital.

In a deal announced late Tuesday, 3G Capital is selling a 29
percent stake in Miami-based Burger King Worldwide Holdings Inc.
for $1.4 billion in cash to Justice Holdings LTD, a U.K.-based
investment vehicle.

Justice's shares will then suspend trading on the London Stock Exchange. The company will
emerge as Burger King Worldwide Inc. and its shares will be
traded on the NYSE.